Cerebras: Why I'm Selling The Biggest AI IPO Of The Year
Cerebras Systems recently launched a notable IPO, initially rising 68% above its offering price. However, the stock is now experiencing significant volatility as the initial excitement diminishes. The company's current valuation multiples are extremely high, raising concerns about sustainable growth.
- ▪Cerebras Systems' IPO surged 68% above its offering price.
- ▪The stock is currently facing significant volatility as excitement fades.
- ▪Cerebras trades at extreme valuation multiples, including 120x EV/Sales TTM.
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